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How Do I Make A Home Ready To Sell?
As we show you in this video, start several months before the property is made available. Look through the eyes of a buyer
What needs to be cleaned?
Repainted?
Repaired?
Or tossed?
Ask yourself - or a friend If ...
What Is The Best Way To Compare Loan Terms Between Lenders?
Watch this video and take a few notes!
First, devise a checklist for the information from each lending institution. You should include:
the company's name and basic information
the type of mortgage
minimum down payment required
What Is A Good Faith Estimate And How Does It Help Me?
You’ll see some pictures in this video to help you remember later, but a good faith estimate lists all fees paid before closing all closing costs, and any escrow costs you will encounter when purchasing a home.
The lender must supply it within three days of your ...
What Do I Get At Closing?
As we show you in this video:
The Settlement Statement, HUD-1 Form, which itemizes services provided and the fees charged; it is filled out by the closing agent and must be given to you at or before closing.
A Truth-in-Lending Statement
What Is PMI?
This video tells you about it all. PMI stands for Private Mortgage Insurance or Insurer. These are privately-owned companies that provide mortgage insurance. They offer both standard and special affordable programs for borrowers.
These companies provide guidelines ...
What Are 203(B) And 203(K) Loans?
The video puts this in more visual terms, but 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines limited lender's fees, and a maximum loan amount.
203(k) loans enable homebuyers to finance both the purchase an...
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